Abstract
As America’s population is changing, so will its household composition and housing needs. With their buying power and need for space to raise growing families, Baby Boomers dominated the market for new homes from the 1980s through the 2000s. Tens of millions of large homes on large lots were built to meet their needs, and they could afford them. Those days are gone, never to return. Instead, future generations of households and aging Boomers themselves will want something different from what they had in the past. The next generation of households will be more racially and ethnically diverse, earn less income, and have fewer opportunities for home ownership than prior generations.
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© 2013 Arthur C. Nelson
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Nelson, A.C. (2013). Households and Housing. In: Reshaping Metropolitan America. Metropolitan Planning + Design. Island Press, Washington, DC. https://doi.org/10.5822/978-1-61091-222-8_4
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DOI: https://doi.org/10.5822/978-1-61091-222-8_4
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